Federated Investment Counseling
Registered investment adviser · Pittsburgh, PA · CRD #105325
Form ADV data as of 2026-09-01Regulatory assets
$207.21 billion
Total accounts
8,721
Employees
213
Disclosure events
0
Firm details
- Website: https://www.linkedin.com/company/federated-hermes/
- Telephone: 412-288-1900
- SEC file number: 801-34611
- Most recent Form ADV filing: 2026-05-21
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $207.21 billion |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $207.21 billion |
| Discretionary accounts | 8,721 |
| Non-discretionary accounts | 0 |
| Total accounts | 8,721 |
| Regulatory assets under management attributable to non-U.S. persons | $11.95 billion |
People
| Total employees (excluding clerical) | 213 |
| Employees performing investment advisory functions (including research) | 141 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 21 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 4 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $67.16 billion |
| Clients for whom the firm has custody | 5 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $10.55 billion |
| Clients for whom a related person has custody | 6 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 24 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 6,466 | $3.62 billion |
| High net worth individuals | 146 | $223.7 million |
| Banking or thrift institutions | 2 | $572,059 |
| Pooled investment vehicles (other than investment companies and BDCs) | 25 | $15.93 billion |
| Pension and profit sharing plans (not the participants or government plans) | 215 | $2.30 billion |
| Charitable organizations | 210 | $1.09 billion |
| State or municipal government entities (including government pension plans) | 22 | $156.97 billion |
| Other investment advisers | 1,003 | $3.10 billion |
| Insurance companies | 15 | $15.23 billion |
| Sovereign wealth funds and foreign official institutions | 2 | $3.69 billion |
| Corporations or other businesses not listed above | 615 | $5.05 billion |